Nate Smallwood | Tribune-Review
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The coronavirus pandemic did not thwart UPMC from raking in a record-high $23.1 billion in 2020 operating revenue nearly $2.5 billion more than the nonprofit health system generated in 2019 and $10 billion more than it did five years ago, data released Friday show.
UPMC Chief Financial Officer Ed Karlovich said the substantial growth in total revenue up 12% year over year and an increase of more than 70% since 2016 demonstrates “a very telling story about the success of our organization,” which continues to advance ambitious growth plans in Western Pennsylvania and statewide.